Forum Discussion
rexlion
Oct 11, 2018Explorer
Straylight wrote:
Back when I worked as a corporate editor instead of a dirtbag poet, I worked on the transcript from this woman's talk. Here's a blog that hits the high points: https://blogs.cfainstitute.org/investor/2013/08/20/real-energy-independence-making-oil-no-longer-strategic/
Her basic argument is that gasoline enjoys a monopoly and does not act like other commodities because people HAVE TO buy it to run their cars. She suggests pushing to (1) adapt current engines so they can take methanol (if I recall, she cited a $500 upfront cost to the owner, and suggested a govt tax benefit therefrom?) and (2) adapt gas stations so they can sell methanol (by making it economically viable for them to spend the money).
She argues that these steps will allow consumers to choose between whichever fuel is cheaper right at the pump, which will in turn drive the cost of gasoline down because it will ACTUALLY have to compete with another fuel.
Worth adding to the conversation.
We already have had bi-fuel gasoline/CNG engines for 20 years (or close to it), but CNG popularity has not taken off. I did have such a truck for a year or two.
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